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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (682)7/24/1998 9:49:00 PM
From: Tomas  Read Replies (1) of 2742
 
Lasmo's CEO comments on the Falklands:

Financial Times, Saturday
Joe Darby, Lasmo's chief executive, said Lasmo is looking at "selective" opportunities in Argentina. Mr Darby said it was also too early to write off the Falkland Islands as a possible oil producing region, even though the first two wells, drilled by Amerada Hess and Lasmo, were not successful. "The jury is still out," Mr Darby said. "We've gained a lot of useful information with the first two wells."
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